The U.S. is showing signs of targeting China's domestic surveillance and the tech supporting it.Technologyread more
Pro-EU parties are set to hold onto two-thirds of the seats at the EU Parliament.Europe Politicsread more
The projected result comes shortly after Conservative Party leader Theresa May announced her resignation as prime minister on Friday morning.Europe Politicsread more
A Beijing decision to rapidly and sharply cut its excessive and unsustainable trade surplus with the U.S. would change for the better the bilateral relationship, writes...World Economyread more
Investors are largely focused on results of the EU parliamentary elections. Euroskeptic parties in Britain and France made solid gains.Europe Marketsread more
Former Apple CEO John Sculley says this skill is vital to all great business leadership.Successread more
Prime Minister Narendra Modi has to make sure that India becomes a highly competitive manufacturing hub where global investors will look to invest, the chairman of India...Asia Economyread more
U.S. President Donald Trump said Monday he expects to get the trade gap with Japan "straightened out rapidly," adding that announcements on that could come as soon as August.World Economyread more
Bitcoin surged more than 9% from the day before to hit its highest level in more than a year.Technologyread more
Stocks in Asia were mixed Monday afternoon as investors watched for developments from U.S. President Donald Trump's state visit to Japan as well as results from the European...Asia Marketsread more
Sources say the talks have picked up speed in recent days and could lead to an announcement regarding a merger or partnership by Monday.Autosread more
Federal Reserve chairman Jerome Powell denied Wednesday that the central bank's decision-making has been influenced by any political pressure.
"Political considerations play no role whatsoever in our discussions or decisions about monetary policy. We're always going to be focused on the mission that Congress has given us," Powell said. "We have the tools to carry it out, we have the independence that we think is essential to be able to do our jobs in a nonpolitical way. We at the Fed are absolutely committed to that mission, and nothing will deter us from doing what we think is the right thing to do."
President Donald Trump has lambasted the U.S. central bank multiple times over the past year. The president is openly critical of the Fed, going so far as to say the Fed has "gone crazy" with monetary policy. That has caused concern among some, as Trump's criticism of the Fed is largely without precedent in U.S. history.
Trump told CNBC earlier this year that he was "not thrilled" about the rate hikes. Those hikes were enacted by Powell, a chairman Trump appointed. The Fed has hiked four times this year.
The Fed raised its benchmark interest rate by a quarter-point on Wednesday, despite Trump's tweets against more rate hikes.